Overview: In 2018, Scrap Copper were the world's 167th most traded product, with a total trade of $22.8B. Between 2017 and 2018 the exports of Scrap Copper grew by 1.86%, from $22.4B to $22.8B. Trade in Scrap Copper represent 0.12% of total world trade.
Exports: In 2018 the top exporters of Scrap Copper were United States ($3.21B), Germany ($1.61B), Hong Kong ($1.4B), United Kingdom ($1.05B), and Netherlands ($1.05B).
Imports: In 2018 the top importers of Scrap Copper were China ($7.05B), Germany ($2.66B), South Korea ($1.68B), Japan ($1.23B), and Belgium-Luxembourg ($1.13B).
Tariffs: In 2018 the average tariff for Scrap Copper was 2.27%, been the 1203 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Scrap Copper are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Angola (20%), and Zambia (13.6%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).
Ranking: Scrap Copper ranks 856th in the Product Complexity Index (PCI).